Horizon Kinetics (RCG) adds to RENN Fund stake with open-market share buy
Rhea-AI Filing Summary
Horizon Kinetics Asset Management LLC, a ten percent owner of RENN Fund, Inc., reported purchasing 756 shares of common stock on August 7, 2026 at $3.00 per share. Following this transaction, the reporting entity is shown holding 948,540 common shares, representing a direct position associated with accounts it manages and in which it has a pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 756 shares
Net Buy
1 txn
Insider
HORIZON KINETICS ASSET MANAGEMENT LLC
Role
10% Owner
Bought
756 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 756 | $3.00 | $2K |
Holdings After Transaction:
Common Stock — 948,540 shares (Direct)
Footnotes (1)
- F1. Horizon Kinetics Asset Management LLC, a Delaware limited liability company and wholly owned subsidiary of Horizon Kinetics Holding Corporation, serves as the investment adviser to the Issuer and has a pecuniary interest in shares held in various accounts that it manages.
Key Figures
Shares purchased: 756 shares
Purchase price: $3.00 per share
Shares held after transaction: 948,540 shares
3 metrics
Shares purchased
756 shares
Common stock bought on August 7, 2026
Purchase price
$3.00 per share
Price for the August 7, 2026 common stock purchase
Shares held after transaction
948,540 shares
Total common shares reported following the purchase
Key Terms
ten percent owner, pecuniary interest, investment adviser
3 terms
ten percent owner regulatory
"identified as a ten percent owner of RENN Fund, Inc."
pecuniary interest financial
"has a pecuniary interest in shares held in various accounts"
investment adviser financial
"serves as the investment adviser to the Issuer"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did RENN Fund (RCG) report on August 7, 2026?
RENN Fund (RCG) reported that Horizon Kinetics Asset Management LLC purchased 756 shares of common stock on August 7, 2026. The shares were bought in an open-market or private transaction at a stated price of $3.00 per share.
Who is the reporting person in the latest RENN Fund (RCG) Form 4?
The reporting person is Horizon Kinetics Asset Management LLC, identified as a ten percent owner of RENN Fund, Inc. It serves as the investment adviser to RENN Fund and has a pecuniary interest in shares held in various accounts it manages.
Was the recent RENN Fund (RCG) insider purchase under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not checked, so the trade is not affirmed as made under a Rule 10b5-1 trading plan. No separate footnote describes it as being pursuant to any pre-arranged trading plan.